Article
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls
In the past two weeks we have discussed demand destruction as a result of soaring oil prices (here and here), and we are increasingly seeing anecdotal evidence of just that (here is a table from Goldman we showed previously, laying out where demand destruction is most acute).
We start, as always, with Asia which has emerged as ground zero of the global energy crisis - as a reminder last week we first presented a map by JPMorgan's...
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Apr 2, 2026 / Tyler Durden
Solar Installations Fell 22% In 2025
Solar Installations Fell 22% In 2025
By Diana DiGangi of UtilityDive,
Solar developers installed 26.5 GW last year, down 22% from the 33.8 GW they installed in 2024, according to the Federal Energy Regulatory Commission (FERC).
The decline in solar installations took place despite the ongoing rush to bring projects online in order to qualify for the Inflation Reduction Act tax credits, which had their timelines curtailed by the One Big Beautiful Bill Act.
Despite this decrease, solar still led all other generation sources in 2025 installations. As of December, solar now makes up 12.2%...
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May 9, 2026 / Tyler Durden
Europe Sees 'Hyper-Concentration' Of Crypto 'Wrench Attacks' As Losses Hit $101 Million
Europe Sees 'Hyper-Concentration' Of Crypto 'Wrench Attacks' As Losses Hit $101 Million
Authored by Stephen Katte via CoinTelegraph.com,
Estimated losses from global crypto wrench attacks reached $101 million in the first four months of 2026, with most attacks occurring in Europe, according to Web3 security company CertiK.
With just 34 documented crypto wrench attacks, the losses have nearly doubled those of 2025, which came in at $52.2 million. Europe accounted for 82% of incidents, according to CertiK.
“Our 2025 report documented a gradual tilt from Asia and North America toward Europe, and these...
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Jul 24, 2026 / Tyler Durden
Oil Tanker Makes Red Sea U-Turn After Houthi Threats, Reroutes Around Africa In Costly Transit
Oil Tanker Makes Red Sea U-Turn After Houthi Threats, Reroutes Around Africa In Costly Transit
ING's Singapore-based head of commodities, Warren Patterson, was asked during a recent webinar what it would take for Brent crude to exceed $120 a barrel. His answer was "not much," warning that prices could soar well into triple-digit territory if the Strait of Hormuz remains blocked through August and threats to Red Sea shipping intensify.
Patterson's warning about disruptions at the Strait of Hormuz and the Bab el-Mandeb Strait echoes concerns voiced across commodity desks...
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